Maithan Alloys Acquires Sterlite Tech Shares for ₹17.24 Cr

Maithan Alloys Ltd has acquired 21,16,61 equity shares of Sterlite Technologies Limited through the stock exchange, representing 0.04% of the total shareholding. The total cost of this acquisition was ₹17.24 Crore, completed on October 22, 2026. This acquisition is considered an investment with the aim of reaping long-term/short-term benefits, and Maithan Alloys does not intend to acquire control of Sterlite Technologies' management. The acquired entity operates in the Telecom - Equipment & Accessories sector. The acquisition was conducted at arm's length and did not involve related parties or promoter interests.